Lululemon Athletica Inc. LULU,
said Monday it now expects year-over-year growth in adjusted fiscal fourth-quarter earnings per sector and revenues at the “high end” of previous management areas. The yoga gear maker had previously said it expected fourth-quarter revenue growth in the mid-to-high teenage percentage range and reversed EPS growth in the mid-single numbers. The FactSet EPS consensus of $ 2.49 represents a growth of 9.2% and the revenue consensus of $ 1.66 billion represents a growth of 18.5%. “We are pleased with the move over the holiday period as our investments in Lululemon and MIRROR have allowed us to connect with guests physically and digitally,” said CEO Calvin McDonald. in pre-sale trading.It has gained 5.5% over the last three months through Friday, and the S&P 500 SPX,
improved 10.0%.